Number of Identified Exporters to Somalia from South Carolina
SCSOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2003 - 1/1/2015
Summary
The 'Number of Identified Exporters to Somalia from South Carolina' is an economic indicator that tracks the number of companies based in South Carolina that export goods to Somalia. This metric provides insights into trade patterns and the commercial relationships between the two regions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the count of unique businesses located in South Carolina that have reported exporting merchandise to Somalia. It serves as a proxy for the level of economic activity and commercial ties between the state and the East African nation.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and economists use this metric to assess trends in South Carolina's export activity and its integration with the Somali market.
Key Facts
- South Carolina is a major exporting state in the U.S.
- Somalia is a developing market with growing trade ties.
- Exporter data provides insights into economic relationships.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of companies based in South Carolina that export goods to Somalia, providing insights into trade patterns and commercial relationships between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers and economists to assess trends in South Carolina's export activity and its integration with the Somali market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze South Carolina's export performance and the state's commercial relationships with developing markets like Somalia.
Q: Are there update delays or limitations?
A: The data may have some delay in reporting due to the time required for companies to submit their export information to the Census Bureau.
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People 15 Years and Over Saving at a Financial Institution in the Past Year for Somalia
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Somalia from South Carolina (SCSOMA475SCEN), retrieved from FRED.